Climate change is everywhere, including in this season's Alphonso mangoes.
@AshwinM_ reports from Maharashtra's Alphonso mango belt on the impact climate vagaries have had on the crop and farmers.
Read here: https://t.co/0CMQAUJbdm
🥭 Reuters spoke to more than a dozen farmers in Maharashtra, as well as traders, businesses, exporters and government officials, who said losses had been severe and production among the lowest in decades.
@AshwinM_ reports for @Reuters: https://t.co/PiHbOGEpoM
India's PNB hikes cybersecurity spend as AI models including Anthropic’s Mythos raise risks, Reuters @navin_nishit and @AshwinM_ report.
Other banks may also be doing the same.
https://t.co/IZdJKsYkWf
While the world’s attention has moved to stablecoins, India is quietly chipping away at its CBDC.
At least 10 pilot programs are underway to route welfare payments - climate aid to food subsidies - via CBDC.
At the location of one such pilot, farmers said it helped them avoid upfront payments, merchants said it has improved demand, and officials said it helped in better targeting.
A super story by @kalrajs23 and @AshwinM_
Read here: https://t.co/P9C5C96Oax
India's digital currency push targets its leaky welfare system https://t.co/seqAJzW1lm - In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued directly from the central bank - By @kalrajs23, @AshwinM_
The Mythos fear has hit Indian regulators.
RBI is speaking to global central banks to understand the risks, while also seeking early access to Mythos to assess the India specific vulnerabilities.
Reuters @AshwinM_ and @GopikaGopa report.
https://t.co/78vqv75Jl4
Exclusive: Fintech Pine Labs to launch stablecoin payments outside India, CEO says. Expects to launch stablecoin-backed prepaid card in nine countries, by end-April.
Reuters @AshwinM_ and @kalrajs23 report.
https://t.co/WsNFMbh426
Canada's Fairfax group, Emirates NBD, Kotak Mahindra Bank have submitted bids for India's IDBI Bank, sources say.
It'll be interesting to see what kind of bids each has put in and who actually qualifies.
Reuters story With @AshwinM_@Nikunj_Ohri https://t.co/7rjW6kBtjp
Canada's Fairfax group, Emirates NBD, Kotak Mahindra Bank vie for India's IDBI Bank, sources tell Reuters.
Reuters @GopikaGopa@AshwinM_@Nikunj_Ohri report.
https://t.co/xlOdIb9agW